$760 Cost of Living Support Announced in Singapore – Check Eligibility Criteria!

$760 Cost of Living Support Announced in Singapore: As Singapore continues to face global inflation, rising utility prices, and mounting ... Read more

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$760 Cost of Living Support Announced in Singapore: As Singapore continues to face global inflation, rising utility prices, and mounting economic pressures, the government has stepped in with a robust and inclusive support plan to ease the financial burden on households. One major highlight is the $760 Cost of Living Support under the Assurance Package, a carefully designed initiative that targets lower- to middle-income families across the island.

This comprehensive package includes the $760 U-Save Rebate, CDC Vouchers, and special SG60 benefits. Whether you’re a homeowner in a 4-room flat, a tenant in a rental unit, or a senior citizen living with extended family, this guide provides everything you need to know—from eligibility criteria to how and when support will be disbursed.

We also offer tips to help you maximize your benefits, links to official resources, and answers to frequently asked questions. By the end, you’ll be well-equipped to navigate these support measures effectively.

$760 Cost of Living Support Announced in Singapore – Check Eligibility Criteria!

$760 Cost of Living Support Announced in Singapore

FeatureDetails
Total Support AmountUp to S$760 U-Save Rebate for FY2025
Disbursement PeriodQuarterly: April, July, October 2025, January 2026
Eligibility CriteriaBased on HDB flat type and household property ownership
Additional BenefitsCDC Vouchers (S$800), SG60 Vouchers (up to S$800)
Official Websitegovbenefits.gov.sg

Singapore’s enhanced $760 Cost of Living Support through the Assurance Package reflects the government’s continued commitment to supporting citizens through challenging economic times. With targeted schemes like U-Save rebates, CDC vouchers, and SG60 payouts, the support is comprehensive and impactful.

U-Save Rebate: What Is It?

The U-Save rebate is a signature feature of the government’s GST Voucher Scheme, specifically aimed at helping households offset part of their utility bills, including electricity, water, and gas charges. This rebate is directly credited to SP Group utility accounts, so households see an automatic reduction in their monthly bills without needing to apply manually.

In Financial Year (FY) 2025, eligible HDB households can receive up to S$760 in rebates. This is part of a broader Assurance Package developed in response to inflation and to support Singaporeans through uncertain global economic conditions.

Why It Matters

Utility bills are one of the most consistent and necessary monthly expenses for all households. Whether it’s turning on the air-conditioning in Singapore’s tropical climate or simply running a washing machine, the costs add up. The U-Save rebate helps households reduce these out-of-pocket expenses, freeing up money for other essentials like food, education, and healthcare.

Breakdown of U-Save Rebate by HDB Flat Type:

HDB Flat TypeTotal U-Save for FY2025
1- and 2-room flatsS$760
3-room flatsS$680
4-room flatsS$600
5-room flatsS$520
Executive/Multi-Gen flatsS$440

These rebates are especially impactful for low-income families, elderly residents on fixed incomes, and households with multiple dependents. They help ensure that every citizen has access to basic utilities without the added stress of rising costs.

Who Is Eligible for the $760 U-Save Rebate?

To benefit from the U-Save rebate, your household must meet several specific eligibility criteria set by the Ministry of Finance and related agencies. Here’s a breakdown to make it easy to understand:

Basic Eligibility Requirements:

  1. At least one Singapore citizen must live in the HDB flat.
  2. The flat must be owned or rented with at least one Singaporean owner, occupier, or tenant.
  3. The household must not own more than one property.

Ownership Scenarios:

  • If your flat is not rented out: There must be at least one Singapore citizen living in the home.
  • If your flat is partially rented out: One of the occupants must be a Singaporean.
  • If your flat is fully rented out: One tenant must be a Singapore citizen, and none of the tenants or owners should own more than one property.

You can verify your eligibility using the SupportGoWhere Calculator, a helpful tool developed by the government to guide households.

More Than Just Utilities: Additional Financial Support

The Assurance Package extends beyond utility rebates. Several other measures are in place to provide financial relief across different demographics.

1. CDC Vouchers 2025

Singaporean households will receive a total of S$800 in Community Development Council (CDC) Vouchers, distributed in two parts:

  • S$500 in May 2025
  • S$300 in January 2026

These vouchers can be used at over 23,000 participating heartland merchants, including hawker stalls, minimarts, and supermarkets.

2. SG60 Vouchers

In celebration of Singapore’s 60th year of independence, the government will issue SG60 Vouchers as a one-time bonus:

  • S$600 to Singaporeans aged 21 to 59
  • S$800 to those aged 60 and above

These vouchers are expected to be issued in July 2025, offering added flexibility as they can be spent at any participating merchant that accepts CDC Vouchers.

3. Assurance Package Cash Payouts

Depending on your annual income, property type, and household composition, you may qualify for cash payouts under the broader Assurance Package. These payouts range from S$200 to S$800 and are directly credited to eligible citizens’ bank accounts.

Practical Tips to Maximize Your Benefits

1. Track Disbursement Dates

Use a calendar or budgeting app to set reminders for each quarter’s rebate and voucher release. Staying organized helps ensure you don’t miss out.

2. Use CDC Vouchers Smartly

Plan purchases like groceries, household goods, and school supplies around voucher disbursements to optimize spending.

3. Update Household Records

Ensure your HDB and IRAS records are accurate, especially after major life events such as marriage, childbirth, or moving house. This ensures smooth eligibility verification.

4. Check Eligibility Online

Don’t leave it to chance. Visit the SupportGoWhere Calculator to check eligibility and estimate benefits based on your household profile.

5. Educate Family Members

Share this information with elderly parents or neighbors who may not be tech-savvy. Offer to help them access their rebates or vouchers.

FAQs

Q1. How will I receive the $760 U-Save rebate?

Answer: The rebate will be credited directly into your household’s SP Utilities account every quarter. You don’t need to apply or fill in any forms.

Q2. Can I receive both the U-Save rebate and CDC vouchers?

Yes, households that meet the eligibility criteria can receive both the U-Save rebate and CDC vouchers.

Q3. What if I or someone in my household owns a private property?

Households with members who own more than one property are not eligible for the U-Save rebate. This policy ensures the support goes to those who need it most.

Q4. Are Permanent Residents (PRs) eligible?

No, only Singapore Citizens are eligible for U-Save rebates and most components of the Assurance Package.

Q5. Where can I check my eligibility and benefit status?

Visit the SupportGoWhere Calculator for a personalized estimate based on your household’s details.

Author
Anjali Tamta
Hi, I'm a finance writer and editor passionate about making money matters simple and relatable. I cover markets, personal finance, and economic trends — all with the goal of helping you make smarter financial decisions.

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